REI Lense

REI Lense

Watertown, SD Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Watertown, SD. Based on 10+ datapoints.

Watertown, SD Mid-Term Rental Investment Snapshot

Based on 10+ mid-term rental datapoints

Median Cap Rate

5.1%

Avg Cash on Cash

-6%

Median Cashflow

-$454/mo

Avg Rent Estimate

$3,099/mo

Avg Price

$487,467

Price Range

$189,100 - $950,000

Rent to Price

0.64%

low ratio

Positive Cashflow

17%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Watertown, SD

Watertown, SD is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -6%.

Across 10+ analyzed properties, Watertown, SD mid-term rental investments show a median monthly cashflow of -$454 with average furnished rent estimates of $3,099/month. These figures reflect real property data, not projections.

808 N Park St, Watertown, SD 57201

Price

$237,700

Rent

$2,160

CachFlow

-$35

CoC

-0.62

Full Analysis

612 4th St NW, Watertown, SD 57201

Price

$249,900

Rent

$2,523

CachFlow

$120

CoC

2.04

Full Analysis

1801 2nd Ave NE, Watertown, SD 57201

Price

$373,700

Rent

$3,458

CachFlow

-$15

CoC

-0.19

Full Analysis

12 5th Ave NE, Watertown, SD 57201

Price

$189,100

Rent

$2,570

CachFlow

$500

CoC

10.4

Full Analysis

1174 3rd St NW, Watertown, SD 57201

Price

$269,900

Rent

$2,577

CachFlow

-$54

CoC

-0.87

Full Analysis
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Watertown, SD Mid-Term Rental Market Insights

  • Median cashflow is -$454/month — careful deal selection is essential here
  • 5.1% median cap rate reflects a balanced risk-return profile
  • At 17% positive cashflow rate, Watertown, SD requires selective property picks
  • Premium market with properties from $189,100 to $950,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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